Putin says Western sanctions cost Russia $50 bln, EU - $240 bln | Eurasia Diary - ednews.net

16 July, Tuesday


Putin says Western sanctions cost Russia $50 bln, EU - $240 bln

Putin noted that due to the imposed restrictions the EU countries are losing the Russian market.

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Western restrictions cost Russia $50 bln, and the European Union $240 bln in missed opportunities since 2014, Russian President Vladimir Putin pointed out during his annual televised Q&A session, TASS reports.

"According to expert data, western restrictions cost Russia $50 bln in missed opportunities over the years, starting from 2014, the European Union - $240 bln, the United States lost $17 bln, though our turnover with them is small, and Japan - $27 bln. All this affects jobs in these countries," he said.

Putin noted that due to the imposed sanctions, EU countries are losing the Russian market.

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